股票代码：600130 股票简称：波导股份 编号：临2023-018 宁波波导股份有限公司 关于召开2023年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 投资者可于2023年09月04日(星期一) 至09月08日(星期五)16:00前登录上证路演中心网 站首页点击"提问预征集"栏目或通过公司邮箱birdzq@chinabird.com进行提问。公司将在说 明会上对投资者普遍关注的问题进行回答。 宁波波导股份有限公司（以下简称"公司"）已于2023年8月22日发布公司2023年半年度 报告，为便于广大投资者更全面深入地了解公司2023年半年度经营成果、财务状况，公司计划 于2023年09月11日 上午 10:00-11:00举行2023年半年度业绩说明会，就投资者关心的问题进 行交流。 一、 说明会类型 本次投资者说明会以网络文字互动形式召开，公司将针对2023年半年度的经营成果及财务 指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内就投资者普遍关注的 问题进行回 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥108,013,256.27, representing a decrease of 16.59% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥4,549,213.64, down 17.73% year-on-year[5]. - Basic and diluted earnings per share were both ¥0.006, a decrease of 14.29% year-on-year[5]. - Net profit for Q1 2023 was ¥7,169,257.74, a decline of 15.1% from ¥8,447,615.43 in Q1 2022[15]. - The total comprehensive income for Q1 2023 was ¥7,250,761.53, a decrease of 14.5% from ¥8,474,475.29 in Q1 2022[15]. Cash Flow - The net cash flow from operating activities was ¥39,146,960.01, reflecting a decline of 13.88% compared to the previous year[5]. - Cash flow from operating activities for Q1 2023 was ¥39,146,960.01, compared to ¥45,458,071.72 in Q1 2022, reflecting a decrease of 13.9%[17]. - Cash flow from investing activities showed a net outflow of ¥227,265,407.35 in Q1 2023, worsening from a net outflow of ¥160,858,077.89 in Q1 2022[17]. - Cash and cash equivalents at the end of Q1 2023 were ¥371,305,318.33, compared to ¥260,204,375.01 at the end of Q1 2022[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,193,563,787.78, a decrease of 0.64% from the end of the previous year[6]. - Total current assets as of March 31, 2023, is RMB 933,095,363.61, slightly down from RMB 938,618,758.89 at the end of 2022[12]. - Total liabilities decreased to RMB 138,188,981.16 from RMB 153,085,540.93[13]. - Total assets as of March 31, 2023, is RMB 1,193,563,787.78, down from RMB 1,201,209,586.02[13]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 67,144[10]. - The largest shareholder, Wave Technology Group, holds 125,946,400 shares, representing 16.40% of total shares[10]. - The company has no significant changes in the top ten shareholders' relationships or actions[11]. Investments and Financial Assets - The company reported an increase of 125.52% in trading financial assets, primarily due to increased investments in wealth management products[7]. - The company reported a total of RMB 10,788,892.63 in long-term equity investments as of March 31, 2023, up from RMB 9,112,043.03[13]. Operating Costs - Total operating costs for Q1 2023 were ¥106,139,537.99, down 18.9% from ¥130,995,706.65 in Q1 2022[14]. - The company experienced a significant increase in cash received from sales, totaling ¥165,318,494.35 in Q1 2023, compared to ¥96,822,124.69 in Q1 2022, marking a growth of 70.8%[16]. Other Financial Metrics - The weighted average return on equity was 0.45%, down 0.11 percentage points from the previous year[6]. - Cash and cash equivalents decreased by 33.79% due to the reclassification of funds for wealth management products[7]. - Trade receivables decreased by 37.86% as a result of collections during the reporting period[7]. - Trade receivables decreased to RMB 85,963,924.19 from RMB 138,331,071.33[12]. - The company has a total equity of RMB 768,000,000.00, unchanged from the previous period[13].

Financial Performance - The company's operating revenue for 2022 was ¥534,560,938.45, a decrease of 32.11% compared to ¥787,413,129.22 in 2021[22] - The net profit attributable to shareholders for 2022 was ¥18,225,842.48, down 57.50% from ¥42,883,222.80 in the previous year[22] - Basic earnings per share for 2022 were ¥0.02, a decline of 66.67% compared to ¥0.06 in 2021[23] - The weighted average return on equity decreased to 1.84% from 4.47% in 2021, a reduction of 2.63 percentage points[23] - The total non-recurring gains and losses for 2022 amounted to CNY 18,882,979.08, a significant decrease from CNY 43,784,709.54 in 2021[27] - Operating profit was CNY 34.02 million, down 40.42% compared to the previous year, resulting in a profit reduction of CNY 23.08 million[39] - Net profit attributable to shareholders was CNY 18.23 million, a decline of 57.50% year-on-year, with a decrease of CNY 24.66 million[39] - The company reported a net loss of CNY 296,183,390.12 for the year, an improvement compared to a loss of CNY 314,409,232.60 in 2021[142] - The company reported a financial expense of -¥12,251,356.09 in 2022, compared to a financial income of ¥1,499,722.04 in 2021[148] Cash Flow and Assets - The net cash flow from operating activities increased by 130.62% to ¥171,287,459.14 from ¥74,272,685.22 in 2021[22] - The total assets at the end of 2022 were ¥1,201,209,586.02, a decrease of 2.59% from ¥1,233,195,014.65 in 2021[22] - The net cash flow from investing activities decreased by 49.94% to CNY 16,386,228.72, primarily due to a reduction in the sale of investment properties[52] - Cash and cash equivalents increased to CNY 562,147,035.91 from CNY 383,526,370.20, representing a growth of approximately 46.7%[141] - The company's total equity increased slightly from ¥915,440,231.08 in 2021 to ¥921,878,978.37 in 2022, an increase of 0.5%[145] - The total liabilities decreased to CNY 153,085,540.93 from CNY 213,089,627.97, a reduction of about 28.1%[142] - The company’s short-term borrowings dropped to CNY 1,504,219.31 from CNY 15,020,934.38, a decrease of about 90%[142] Business Operations and Strategy - The company reported a significant decline in mobile phone export business due to international market volatility and weak demand, leading to a substantial decrease in scale compared to previous years[34] - The IOT module contract manufacturing business showed progress, but customer development was weak, resulting in limited scale and efficiency[34] - The automotive electronics business achieved a certain sales scale and economic benefits, but concerns about product singularity and insufficient R&D capabilities remain[34] - The company has shifted its business model to focus on ODM and has introduced new product lines, including IOT modules and automotive electronics, to adapt to market changes[34] - The company aims to explore and develop new electronic products beyond mobile phones to improve factory efficiency and resource utilization[64] - The company acknowledges that its previous reliance on ODM mobile phone business is no longer sustainable due to increased competition from industry giants[62] - The company is actively seeking partnerships and exploring new industries to achieve sustainable development[63] Research and Development - Research and development expenses increased by 6.88% to CNY 20.41 million, reflecting ongoing investment in innovation[40] - The company has 51 R&D personnel, representing 10.90% of the total workforce, with 7 holding master's degrees[50] - The company has faced significant challenges in maintaining its competitive edge due to previous internal adjustments, impacting its R&D and production capabilities[38] Governance and Compliance - The company has implemented a robust governance structure to ensure compliance with legal and regulatory requirements, maintaining transparency and protecting shareholder interests[67] - The total remuneration for all directors, supervisors, and senior management during the reporting period amounted to 4.8789 million yuan[75] - The company has established a comprehensive internal control system, which has been audited and received a standard unqualified opinion[95] - The company has not reported any significant changes in accounting policies that would affect the financial results[181] Shareholder Information - The company reported a total of 70,806 ordinary shareholders as of the end of the reporting period[112] - The top ten shareholders hold a total of 125,946,400 shares, representing 16.40% of the total shares[114] - The company has maintained a stable shareholder structure with no changes in the controlling shareholder relationships[114] Market Conditions - The mobile phone market in China has become saturated, leading to a decline in overall smartphone shipments, while the 5G phone market share is increasing[62] - The company has faced significant risks related to technology and market changes, impacting its competitive advantage in the mobile phone sector[65] Financial Reporting - The audit report confirms that the financial statements fairly present the company's financial position as of December 31, 2022, in accordance with accounting standards[126] - The financial statements are prepared based on the going concern principle, indicating no significant doubts about the company's ability to continue operations[180] - The financial report was approved by the board of directors on April 27, 2023, ensuring its timeliness and relevance[177]

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 投资者可于2023年05月15日(星期一) 至05月19日(星期五)16:00前登录上证路演中心网 站首页点击"提问预征集"栏目或通过公司邮箱birdzq@chinabird.com进行提问。公司将在说 明会上对投资者普遍关注的问题进行回答。 宁波波导股份有限公司（以下简称"公司"）已于2023年4月29日发布公司2022年度报告， 为便于广大投资者更全面深入地了解公司2022年度经营成果、财务状况，公司计划于2023年05 月22日 下午 15:00-16:00举行2022年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络文字互动形式召开，公司将针对2022年度的经营成果及财务指标 的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内就投资者普遍关注的问题 进行回答。 二、 说明会召开的时间、地点 三、 参加人员 股票代码：600130 股票简称：波导股份 编号：临2023-008 宁波波导股份有限公司 关于召开 ...

[Important Content Notice](index=1&type=section&id=重要内容提示) The company's board, supervisory board, and senior management guarantee the accuracy and completeness of the quarterly report, with financial information verified by key personnel - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report content and assume legal responsibility[2](index=2&type=chunk)[3](index=3&type=chunk) - The company's responsible person, the person in charge of accounting work, and the head of the accounting department guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report[4](index=4&type=chunk) - The third-quarter financial statements are unaudited[5](index=5&type=chunk) [Key Financial Data](index=1&type=section&id=一%2C%20主要财务数据) The company experienced a significant decline in revenue and net profit year-over-year, while net cash flow from operating activities substantially increased [Key Accounting Data and Financial Indicators](index=1&type=section&id=%28一%29主要会计数据和财务指标) Report period saw significant year-over-year declines in operating revenue and net profit attributable to shareholders, while net cash flow from operating activities increased substantially, with total assets and equity slightly growing by period-end 2022 Q3 and YTD Key Financial Indicators | Item | Current Reporting Period (Q3 2022) | YoY Change (%) | YTD (Year-to-Date 2022) | YoY Change (%) | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 128,472,824.01 | -14.80 | 355,773,270.82 | -37.30 | | Net Profit Attributable to Shareholders of the Listed Company (CNY) | 4,960,827.66 | N/A | 13,848,075.78 | -49.92 | | Net Profit Attributable to Shareholders of the Listed Company, Excluding Non-recurring Gains and Losses (CNY) | 3,974,405.54 | -21.02 | -269,426.25 | -179.21 | | Net Cash Flow from Operating Activities (CNY) | N/A | N/A | 165,456,514.65 | 295.60 | | Basic Earnings Per Share (EPS) (CNY/share) | 0.006 | N/A | 0.018 | -50.00 | | Diluted Earnings Per Share (EPS) (CNY/share) | 0.006 | N/A | 0.018 | -50.00 | | Weighted Average Return on Net Assets (ROE) (%) | 0.50 | 0.73 | 1.40 | -1.50 | 2022 Q3 End Balance Sheet Indicators | Item | As of Current Reporting Period End (2022-09-30) | As of Prior Year End (2021-12-31) | Change from Prior Year End (%) | | :--- | :--- | :--- | :--- | | Total Assets (CNY) | 1,237,614,476.99 | 1,233,195,014.65 | 0.36 | | Total Equity Attributable to Shareholders of the Listed Company (CNY) | 994,501,829.01 | 981,007,502.03 | 1.38 | [Non-recurring Gains and Losses Items and Amounts](index=2&type=section&id=%28二%29非经常性损益项目和金额) Non-recurring gains and losses primarily stemmed from government grants, disposal of non-current assets, and fair value changes of financial assets, positively contributing to net profit Non-recurring Gains and Losses Items and Amounts | Item | Amount for Current Reporting Period (CNY) | Amount YTD (Year-to-Date) (CNY) | | :--- | :--- | :--- | | Gains/Losses on Disposal of Non-current Assets | 146,234.80 | 133,886.27 | | Government Grants Recognized in Current Period P&L | 2,438,498.49 | 6,516,642.64 | | Gains/Losses from Fair Value Changes of Financial Assets Held for Trading, Derivative Financial Assets, etc., and Investment Income | -752,745.70 | 9,695,604.53 | | Other Non-operating Income and Expenses Apart from the Above | 25,140.73 | 531,417.36 | | Less: Income Tax Impact | -245,987.35 | 816,766.39 | | Impact on Minority Interests (After Tax) | 1,116,693.55 | 1,943,282.38 | | **Total** | **986,422.12** | **14,117,502.03** | [Reasons for Changes in Key Accounting Data and Financial Indicators](index=3&type=section&id=%28三%29主要会计数据%2C%20财务指标发生变动的情况%2C%20原因) The decline in operating revenue and net profit was primarily due to a significant decrease in sales volume, while the substantial increase in net cash flow from operating activities resulted from receivable recovery and VAT refunds - YTD operating revenue decreased by **37.30%** year-over-year, mainly due to a significant decrease in sales volume[11](index=11&type=chunk) - YTD net profit attributable to shareholders of the listed company decreased by **49.92%** year-over-year, primarily due to lower sales volume, reduced fair value change gains from Huada Beidou, and decreased gains from disposal of investment properties[11](index=11&type=chunk) - YTD net cash flow from operating activities increased by **295.60%** year-over-year, mainly due to the recovery of receivables and VAT refunds received by subsidiaries[11](index=11&type=chunk) [Shareholder Information](index=4&type=section&id=二%2C%20股东信息) The report details the total number of common shareholders and the shareholding structure of the top ten shareholders, including pledged shares [Total Number of Common Shareholders and Top Ten Shareholders' Holdings](index=4&type=section&id=%28一%29普通股股东总数和表决权恢复的优先股股东数量及前十名股东持股情况表) As of the reporting period end, the company had 71,769 common shareholders, with controlling shareholder Boda Technology Group Co., Ltd. holding **16.40%** of shares, some of which are pledged, and several top ten individual shareholders holding shares through credit guarantee accounts - The total number of common shareholders at the end of the reporting period was **71,769**[13](index=13&type=chunk) Top Ten Shareholders' Holdings | Shareholder Name | Shareholder Type | Number of Shares Held (shares) | Shareholding Percentage (%) | Share Status | Pledged/Frozen Shares (shares) | | :--- | :--- | :--- | :--- | :--- | :--- | | Boda Technology Group Co., Ltd. | Domestic Non-state Legal Person | 125,946,400 | 16.40 | Pledged | 79,500,000 | | Yang Xiaochen | Unknown | 16,076,707 | 2.09 | Unknown | 0 | | Shang Debiao | Unknown | 10,152,900 | 1.32 | Unknown | 0 | | Fenghua District Jinping Street Asset Management General Company, Ningbo City | Domestic Non-state Legal Person | 7,176,328 | 0.93 | None | 0 | | Peng Bo | Unknown | 5,208,600 | 0.68 | Unknown | 0 | | Yuan Wei | Unknown | 5,111,100 | 0.67 | Unknown | 0 | | Chen Jinggeng | Unknown | 5,020,900 | 0.65 | Unknown | 0 | | Zhejiang Hei Huang Asset Management Co., Ltd. - Hei Huang Tianyi No. 5 Private Securities Investment Fund | Unknown | 4,274,704 | 0.56 | Unknown | 0 | | Beijing Jueyan Investment Management Co., Ltd. - Jueyan Wenxing Zhiyuan Private Securities Investment Fund | Unknown | 3,895,000 | 0.51 | Unknown | 0 | | Chongqing International Trust Co., Ltd. - Hongrui No. 1 Collective Fund Trust Plan | Unknown | 3,400,000 | 0.44 | Unknown | 0 | - There is no related party relationship between the controlling shareholder and other shareholders, and the company is unaware of any related party relationships or concerted action among the other top ten shareholders[14](index=14&type=chunk) - Several top 10 shareholders, including Yang Xiaochen, Shang Debiao, Peng Bo, Yuan Wei, and Chen Jinggeng, hold shares through credit guarantee accounts[14](index=14&type=chunk) [Other Reminders](index=5&type=section&id=三%2C%20其他提醒事项) No other significant operational information requiring special attention from investors was identified during the reporting period - During the reporting period, the company had no other important operational information requiring special attention from investors[15](index=15&type=chunk) [Quarterly Financial Statements](index=5&type=section&id=四%2C%20季度财务报表) This section presents the unaudited consolidated financial statements, including the balance sheet, income statement, and cash flow statement for the reporting period [Type of Audit Opinion](index=5&type=section&id=%28一%29审计意见类型) The quarterly financial statements are unaudited - The quarterly financial statements are unaudited[5](index=5&type=chunk)[15](index=15&type=chunk) [Financial Statements](index=5&type=section&id=%28二%29财务报表) This section provides the company's consolidated balance sheet as of September 30, 2022, and the consolidated income statement and cash flow statement for the first three quarters of 2022, detailing its financial position, operating results, and cash flow situation [Consolidated Balance Sheet](index=5&type=section&id=合并资产负债表) As of September 30, 2022, total assets slightly increased, with changes in current asset structure, a significant rise in financial assets held for trading, and a decrease in accounts receivable and cash and cash equivalents; total liabilities decreased, and owner's equity steadily grew Consolidated Balance Sheet Key Items (September 30, 2022 vs December 31, 2021) | Item | September 30, 2022 (CNY) | December 31, 2021 (CNY) | Change Amount (CNY) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 331,419,612.73 | 383,526,370.20 | -52,106,757.47 | -13.59 | | Financial Assets Held for Trading | 452,024,957.56 | 190,494,929.87 | 261,530,027.69 | 137.29 | | Accounts Receivable | 105,068,782.05 | 180,842,487.64 | -75,773,705.59 | -41.90 | | Other Current Assets | 6,661,992.00 | 107,882,148.25 | -101,220,156.25 | -93.82 | | Total Current Assets | 973,054,928.41 | 958,986,881.85 | 14,068,046.56 | 1.47 | | Investment Properties | 127,590,263.21 | 133,883,969.98 | -6,293,706.77 | -4.70 | | Total Assets | 1,237,614,476.99 | 1,233,195,014.65 | 4,419,462.34 | 0.36 | | Short-term Borrowings | 39,678,840.55 | 15,020,934.38 | 24,657,906.17 | 164.16 | | Accounts Payable | 94,441,803.46 | 133,443,206.22 | -39,001,402.76 | -29.23 | | Total Liabilities | 199,151,335.41 | 213,089,627.97 | -13,938,292.56 | -6.54 | | Total Equity Attributable to Parent Company Shareholders | 994,501,829.01 | 981,007,502.03 | 13,494,326.98 | 1.38 | [Consolidated Income Statement](index=7&type=section&id=合并利润表) For the first three quarters of 2022, total operating revenue significantly decreased by **37.30%** year-over-year, and net profit attributable to parent company shareholders declined by **49.92%**, with financial expenses turning negative primarily due to increased interest income Consolidated Income Statement Key Items (First Three Quarters 2022 vs First Three Quarters 2021) | Item | First Three Quarters 2022 (CNY) | First Three Quarters 2021 (CNY) | Change Amount (CNY) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Total Operating Revenue | 355,773,270.82 | 567,431,831.44 | -211,658,560.62 | -37.30 | | Operating Cost | 313,670,764.33 | 501,280,087.02 | -187,609,322.69 | -37.43 | | Financial Expenses | -12,610,976.02 | 1,067,310.68 | -13,678,286.70 | -1281.55 | | Including: Interest Income | 2,091,240.17 | 848,674.17 | 1,242,566.00 | 146.41 | | Gains from Fair Value Changes | 804,152.27 | 7,859,169.88 | -7,055,017.61 | -89.76 | | Operating Profit | 24,703,604.28 | 38,001,111.71 | -13,297,507.43 | -34.99 | | Net Profit | 22,876,503.70 | 35,447,300.38 | -12,570,796.68 | -35.46 | | Net Profit Attributable to Parent Company Shareholders | 13,848,075.78 | 27,650,741.37 | -13,802,665.59 | -49.92 | | Basic Earnings Per Share (EPS) (CNY/share) | 0.018 | 0.036 | -0.018 | -50.00 | [Consolidated Cash Flow Statement](index=9&type=section&id=合并现金流量表) For the first three quarters of 2022, net cash flow from operating activities significantly increased by **295.60%** year-over-year due to receivable recovery and tax refunds, while investing activities saw a substantial increase in cash outflows, resulting in negative net cash flow from investing activities Consolidated Cash Flow Statement Key Items (First Three Quarters 2022 vs First Three Quarters 2021) | Item | First Three Quarters 2022 (CNY) | First Three Quarters 2021 (CNY) | Change Amount (CNY) | Change (%) | | :--- | :--- | :--- | :--- | :--- | | Cash Received from Sales of Goods and Services | 464,301,518.66 | 628,400,403.84 | -164,098,885.18 | -26.11 | | Tax Refunds Received | 116,172,314.76 | 41,311,840.33 | 74,860,474.43 | 181.21 | | Net Cash Flow from Operating Activities | 165,456,514.65 | 41,824,531.54 | 123,631,983.11 | 295.60 | | Cash Received from Disposal of Investments | 249,000,000.00 | 307,590,000.00 | -58,590,000.00 | -19.05 | | Cash Paid for Investments | 512,000,000.00 | 384,783,927.00 | 127,216,073.00 | 33.06 | | Net Cash Flow from Investing Activities | -254,995,693.52 | -59,658,666.23 | -195,337,027.29 | -327.44 | | Cash Received from Borrowings | 39,678,840.55 | 0.00 | 39,678,840.55 | N/A | | Net Cash Flow from Financing Activities | 20,348,159.41 | 4,810,938.04 | 15,537,221.37 | 322.95 | | Net Increase in Cash and Cash Equivalents | -60,027,886.62 | -13,185,246.27 | -46,842,640.35 | -355.26 |

Financial Performance - The company's operating revenue for the first half of 2022 was ¥227,300,446.81, a decrease of 45.44% compared to ¥416,635,472.45 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2022 was ¥8,887,248.12, down 70.26% from ¥29,885,809.85 in the previous year[21]. - Basic earnings per share for the first half of 2022 were ¥0.012, a decrease of 69.23% from ¥0.039 in the same period last year[22]. - The total comprehensive income for the first half of 2022 was CNY 13,455,149.24, a decrease of 62.1% from CNY 35,491,385.67 in the same period of 2021[72]. - The total profit for the first half of 2022 was CNY 7,698,196.88, a decrease of 73.7% from CNY 29,252,001.45 in the same period of 2021[75]. - The company reported a significant reduction in inventory, which decreased to CNY 57,538,564.21 from CNY 60,804,806.18, a decline of approximately 5.0%[65]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly to ¥161,634,281.28, a rise of 449.26% compared to ¥29,427,497.04 in the same period last year[21]. - The company's cash and cash equivalents decreased by 24.44% to 289,794,666.06, compared to 383,526,370.20 in the previous period[38]. - The cash flow from investing activities showed a net outflow of CNY 239,963,302.45, worsening from a net outflow of CNY 80,241,001.41 in the same period of 2021[78]. - The ending balance of cash and cash equivalents was CNY 47,911,503.43, down from CNY 70,563,004.02 in the previous period, indicating a decrease in liquidity[81]. - The company received CNY 138,316,672.53 in cash related to operating activities, which is a notable increase from CNY 4,959,048.07 in the previous period[81]. Assets and Liabilities - The total assets decreased by 4.61% to ¥1,176,398,471.54 from ¥1,233,195,014.65 at the end of the previous year[21]. - The total liabilities of the company decreased to CNY 147,002,935.62 from CNY 213,089,627.97, reflecting a decrease of about 30.9%[65]. - The company's equity remained stable at CNY 768,000,000.00, unchanged from the previous period[65]. - The accounts receivable decreased to CNY 91,946,685.25 from CNY 180,842,487.64, indicating a reduction of about 49.2%[65]. Research and Development - Research and development expenses increased by 15.95% to 8.99 million yuan compared to 7.75 million yuan in the previous year[32]. - The company is focusing on the development of information technology, IoT technology, and artificial intelligence products[42]. - The company has expanded its product offerings to include IoT modules and automotive electronics, although these new segments are still in the early stages of development[26][29]. Market and Competition - The company reported a significant decline in sales and profitability across its traditional mobile phone and mainboard businesses due to increased competition and market saturation[29]. - The company is facing challenges in maintaining its competitive edge due to reduced R&D capabilities and a lack of new core competencies[28]. - The company has shifted its mobile phone business model from self-manufacturing to purchasing complete units from external suppliers, resulting in lower profit margins[29]. Corporate Governance and Compliance - The company has indicated potential risks that may adversely affect future development strategies and operational goals[8]. - There have been changes in the board of directors, with the appointment of a new independent director[47]. - The company has not disclosed any major litigation or arbitration matters during the reporting period[51]. Taxation and Incentives - The company has subsidiaries benefiting from various tax incentives, including a reduced corporate income tax rate of 15% for high-tech enterprises like Fengruan and Yilian Electronics[187]. - The company’s subsidiary, Jilian Software, enjoys a two-exempt and three-reduced corporate income tax policy, with the current period being the first half-year of the reduction[187]. Accounting Policies - The company adheres to the accounting standards, ensuring that financial statements accurately reflect its financial position and operating results[104]. - The company recognizes financial assets and liabilities at fair value upon initial recognition, with subsequent measurement based on their classification[115]. - The company applies the expected credit loss method for accounts receivable and other receivables[132].

Financial Performance - The company's operating revenue for Q1 2022 was ¥129,498,830.68, a decrease of 40.56% compared to the same period last year[6] - Total operating revenue for Q1 2022 was ¥129.50 million, a decrease of 40.5% compared to ¥217.85 million in Q1 2021[21] - Total operating costs for Q1 2022 were ¥130.99 million, down 37.9% from ¥210.65 million in Q1 2021[21] - Net profit for Q1 2022 reached ¥8.45 million, an increase of 31.2% from ¥6.44 million in Q1 2021[22] - The net profit attributable to shareholders was ¥5,529,392.34, an increase of 75.79% year-on-year[6] - The company reported a total comprehensive income of ¥8.47 million for Q1 2022, compared to ¥6.28 million in Q1 2021, reflecting a growth of 35%[22] Cash Flow and Liquidity - The net cash flow from operating activities was ¥45,458,071.72, reflecting a significant increase of 178.79%[6] - Operating cash flow for Q1 2022 was ¥45.46 million, significantly higher than ¥16.31 million in Q1 2021, marking an increase of 178.5%[24] - Cash and cash equivalents decreased to CNY 262,104,075.00 from CNY 383,526,370.20, representing a decline of approximately 31.7%[16] - Cash and cash equivalents decreased by ¥121.01 million in Q1 2022, compared to a decrease of ¥138.95 million in Q1 2021[24] - The company experienced a foreign exchange impact of -¥469,561.42 on cash and cash equivalents in Q1 2022[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,203,560,920.82, a decrease of 2.40% from the end of the previous year[7] - As of March 31, 2022, the total assets of Ningbo Baidu Co., Ltd. amounted to CNY 1,203,560,920.82, a decrease from CNY 1,233,195,014.65 as of December 31, 2021, reflecting a decline of approximately 2.4%[17] - The company's current assets totaled CNY 930,105,156.86, down from CNY 958,986,881.85, indicating a decrease of about 3.0%[16] - The company's total liabilities were CNY 179,146,058.85, down from CNY 213,089,627.97, showing a reduction of about 16.0%[17] - The total equity attributable to shareholders was CNY 986,563,754.23, slightly increasing from CNY 981,007,502.03, reflecting a growth of approximately 0.6%[17] - The company’s total liabilities to equity ratio improved to approximately 0.18 from 0.21, indicating a strengthening of the company's financial position[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 63,633[12] - The largest shareholder, Bowei Technology Group Co., Ltd., holds 16.40% of the shares, with 79,500,000 shares pledged[12] Earnings and Expenses - Basic earnings per share were ¥0.007, up by 75.00% compared to the previous year[7] - Basic and diluted earnings per share for Q1 2022 were both ¥0.007, up from ¥0.004 in Q1 2021[22] - The company’s research and development expenses for Q1 2022 were ¥4.66 million, an increase from ¥4.04 million in Q1 2021[21] Other Income - The company reported a significant increase in other income by 74.11%, primarily due to increased government subsidies[10] - The company experienced a 178.79% increase in net cash flow from operating activities, attributed to the recovery of receivables and reduced cash payments for goods[10]

Financial Performance - The company's operating revenue for 2021 was ¥787,413,129.22, representing a 10.12% increase compared to ¥715,034,191.35 in 2020[21] - The net profit attributable to shareholders of the listed company was ¥42,883,222.80, a 25.00% increase from ¥34,305,842.23 in the previous year[21] - The net cash flow from operating activities improved significantly to ¥74,272,685.22, compared to a negative cash flow of -¥137,540,512.09 in 2020[21] - The total assets at the end of 2021 were ¥1,233,195,014.65, a decrease of 1.45% from ¥1,251,363,164.66 at the end of 2020[21] - The company's net assets attributable to shareholders increased by 4.58% to ¥981,007,502.03 from ¥938,023,617.05 in 2020[21] - Basic earnings per share rose to ¥0.06, a 50.00% increase from ¥0.04 in the previous year[23] - The weighted average return on net assets was 4.47%, an increase of 0.74 percentage points from 3.73% in 2020[23] - Operating profit reached 57.10 million RMB, an increase of 19.96% compared to the previous year[38] - The gross profit margin for the main business was 8.73%, up by 4.82 percentage points year-on-year[42] - The company produced 3,317,222 mobile phones, with a sales volume of 3,337,966 units, showing a decrease of 7.41% in sales compared to the previous year[43] Cash Flow and Investments - The net cash flow from operating activities was ¥16,305,297.75 in Q1, decreased to ¥13,122,199.29 in Q2, and further to ¥12,397,034.50 in Q3, before significantly increasing to ¥32,448,153.68 in Q4[25] - The net cash flow from operating activities increased to ¥74,272,685.22 from a negative ¥137,540,512.09, indicating a significant improvement[51] - The net cash flow from investing activities decreased by 61.54% to ¥32,733,065.76, primarily due to last year's land compensation and this year's equipment updates[51] - The cash and cash equivalents at the end of the period increased to ¥383,526,370.20, representing 31.10% of total assets, up from 23.41%[53] - The company has investments in short-term financial products totaling 15,927.68 million and trust financial products of 3,121.81 million[57] Business Model and Market Challenges - The company has shifted its business model from self-developed mobile phone manufacturing to purchasing complete units from external sources, resulting in lower gross margins[33] - The mobile phone industry remains highly competitive, with a decline in the growth rate of new and replacement users due to market saturation[35] - The company’s traditional business of mobile phones and motherboards has seen a decline in sales scale and gross margins over recent years[36] - The company has attempted to explore new business areas in collaboration with partners, but has not yet seen significant results[34] - The automotive electronics business has achieved some sales scale and economic benefits, but faces challenges related to product singularity and insufficient R&D capabilities[34] Research and Development - Research and development expenses amounted to 19.09 million RMB, a significant increase of 126.34% from the previous year[47] - The total R&D investment accounted for 2.42% of operating revenue[48] - The number of R&D personnel is 40, accounting for 8.83% of the total workforce[49] - The company made significant adjustments to its internal structure, impacting its previous R&D and production capabilities[37] Governance and Compliance - The board of directors has maintained compliance with relevant laws and regulations, ensuring no significant discrepancies in governance practices[65] - The company has successfully convened shareholder meetings, passing nine resolutions without any rejections[65] - The management team is committed to fulfilling their duties in accordance with the company's articles of association, with no instances of overreach or conflicts of interest reported[65] - The governance structure of the company is reported to be sound and operates effectively, aligning with regulatory requirements[65] - The company has not faced any penalties from securities regulatory authorities in the past three years[72] Future Outlook and Strategy - The company plans to focus on mobile communication products while exploring new industries and fields to achieve sustainable development[60] - The company aims to maintain shareholder rights and achieve operational profitability in 2022 through strategic initiatives[61] - The company emphasizes strict control over expenditures while seeking new profit growth points, prioritizing cost-saving measures[64] - The company plans to enhance the utilization efficiency of existing resources and actively seek partnerships to navigate operational challenges[64] Shareholder Information - The total number of ordinary shareholders increased to 65,612 by the end of the reporting period, up from 63,757 at the end of the previous month[110] - The top shareholder, Waveguide Technology Group, holds 125,946,400 shares, representing 16.40% of the total shares, with 79,500,000 shares pledged[112] - The actual controller of the company is Xu Lihua, who is also the chairman of Waveguide Technology Group[116] - There were no changes in the controlling shareholder during the reporting period, indicating stability in ownership[118] Financial Reporting and Audit - The audit opinion confirmed that the financial statements fairly represent the company's financial position as of December 31, 2021, in accordance with accounting standards[122] - The internal control audit report for 2021 issued by Tianjian Accounting Firm confirmed that the company maintained effective financial reporting internal controls as of December 31, 2021[91] - The company has engaged Tianjian Accounting Firm for auditing services, with a fee of CNY 550,000 for the current year[100] - The company’s quarterly reports for 2021 were reviewed and confirmed to comply with relevant regulations and accurately reflect operational performance[79] Accounting Policies - The company adopted the revised Accounting Standard No. 21 for Leases starting January 1, 2021, which did not recognize right-of-use assets and lease liabilities for low-value asset operating leases[96] - The company has established specific accounting policies for financial instruments, fixed asset depreciation, and revenue recognition[183] - The company includes all subsidiaries under its control in the consolidated financial statements according to the relevant accounting standards[190]

Financial Performance - The company's operating revenue for Q3 2021 was ¥150,796,358.99, a decrease of 45.53% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2021 was -¥2,235,068.48, a decline of 132.90% year-on-year[12]. - The basic earnings per share for Q3 2021 was -¥0.003, representing a decrease of 133.33% compared to the previous year[7]. - The company reported a net profit of ¥27,650,741.37 for the year-to-date, a decrease of 18.48% compared to the same period last year[6]. - Total operating revenue for the first three quarters of 2021 reached ¥567.43 million, a 40.4% increase from ¥404.05 million in the same period of 2020[20]. - Net profit for the first three quarters of 2021 was ¥35.45 million, slightly up from ¥35.21 million in the previous year, indicating a growth of 0.67%[20]. - Operating profit for the first three quarters of 2021 was ¥38.00 million, down 14.7% from ¥44.47 million in the same period of 2020[20]. - The company reported a total comprehensive income of ¥35.48 million for the first three quarters of 2021, compared to ¥35.28 million in the previous year[21]. - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.036, down from ¥0.044 in the same period of 2020[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,207,615,790.54, a decrease of 3.50% from the end of the previous year[7]. - As of September 30, 2021, the total assets of the company amounted to CNY 1,207,615,790.54, a decrease from CNY 1,251,363,164.66 at the end of 2020, reflecting a decline of approximately 3.5%[18]. - The company's current assets totaled CNY 940,522,236.72, down from CNY 976,701,173.46 at the end of 2020, indicating a decrease of about 3.7%[17]. - The company's total liabilities were CNY 209,403,712.05, a decrease from CNY 297,281,995.27, representing a reduction of approximately 29.5%[18]. - Total assets amounted to 1,251,363,164.66, with current assets at 976,701,173.46 and non-current assets at 274,661,991.20[26]. - Total liabilities reached 297,281,995.27, with current liabilities at 291,167,400.70 and non-current liabilities at 6,114,594.57[27]. - Shareholders' equity totaled 954,081,169.39, with equity attributable to the parent company at 938,023,617.05[27]. - The total liabilities to equity ratio stands at approximately 0.31, suggesting a moderate level of leverage[27]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥41,824,531.54, with significant changes in receivables contributing to this figure[11]. - Cash flow from operating activities showed a net inflow of ¥41.82 million, a significant improvement compared to a net outflow of ¥79.92 million in the same period of 2020[24]. - Total cash and cash equivalents at the end of the period were ¥263.65 million, compared to ¥45.40 million at the end of the same period in 2020[24]. - Cash and cash equivalents stood at CNY 277,325,579.72, down from CNY 292,915,103.90, reflecting a decrease of approximately 5.3%[17]. - The company received cash inflow of ¥17.15 million from minority shareholders during the financing activities, marking a new source of funding[24]. Shareholder Information - The company has a total of 70,357 ordinary shareholders at the end of the reporting period[13]. - The company's equity attributable to shareholders was CNY 965,709,467.14, an increase from CNY 938,023,617.05, showing a growth of about 3.0%[18]. - The total equity increased to CNY 998,212,078.49 from CNY 954,081,169.39, representing an increase of approximately 4.6%[18]. Other Financial Metrics - The weighted average return on equity decreased by 0.97 percentage points to -0.23% at the end of the reporting period[7]. - The company experienced a 584.97% increase in net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021, primarily due to changes in product composition[12]. - The company recorded non-recurring gains of ¥11,927,041.51 from the disposal of non-current assets during the year-to-date[9]. - Research and development expenses increased significantly to ¥11.69 million, up 109.9% from ¥5.57 million in the same period of 2020[20]. - Investment activities resulted in a net cash outflow of ¥59.66 million, an improvement from a net outflow of ¥177.22 million in the same period of 2020[24]. - The company reported a negative retained earnings of -357,292,455.40, indicating accumulated losses[27]. - The capital reserve was recorded at 455,922,182.76, reflecting the company's financial stability[27]. - The company has a short-term loan of 23,024,379.17, indicating reliance on external financing[26]. - The company has a deferred income of 5,337,679.96, which may indicate future revenue recognition[27].

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥416,635,472.45, representing a 227.54% increase compared to ¥127,200,887.71 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was ¥29,885,809.85, a 10.17% increase from ¥27,127,912.37 in the previous year[20]. - The net cash flow from operating activities was ¥29,427,497.04, a significant recovery from a negative cash flow of ¥13,258,607.63 in the same period last year[20]. - The operating profit was 36.96 million RMB, a decrease of 0.59 million RMB compared to the same period last year, representing a decline of 1.57%[27]. - The company reported a net loss from operating activities of 4.69 million RMB, an improvement of 13.54 million RMB compared to the previous year[33]. - The total profit for the first half of 2021 was ¥37,323,952.55, compared to ¥37,573,813.74 in the first half of 2020, showing a slight decrease of about 0.7%[69]. - The comprehensive income total for the first half of 2021 was ¥35,491,385.67, compared to ¥27,050,856.65 in the same period of 2020, reflecting an increase of approximately 31.5%[72]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,244,958,892.08, showing a slight decrease of 0.51% from ¥1,251,363,164.66 at the end of the previous year[20]. - The company's total liabilities decreased from CNY 297,281,995.27 in 2020 to CNY 246,737,837.02 in 2021, reflecting a reduction of about 16.9%[63]. - The total equity increased from CNY 954,081,169.39 in 2020 to CNY 998,221,055.06 in 2021, indicating a growth of approximately 4.6%[63]. - The company's total liabilities and equity at the end of the reporting period were 930,530,081.05[96]. - The company's total current liabilities included accounts payable of CNY 211,991,946.51 as of June 30, 2021[188]. Cash Flow - The net cash flow from operating activities improved significantly due to a substantial decrease in operating receivables[31]. - The total cash inflow from investment activities was ¥328,304,210.57, while cash outflow was ¥408,545,211.98, resulting in a net cash flow of -¥80,241,001.41, which is an improvement from -¥198,029,970.53 in the previous year[78]. - The cash flow from financing activities showed a net inflow of ¥5,045,261.64, compared to no inflow recorded in the same period of 2020[78]. - The company experienced a net decrease in cash and cash equivalents of -¥46,893,160.98 for the first half of 2021, compared to -¥210,884,403.60 in the same period of 2020[78]. Shareholder Information - The total number of ordinary shareholders reached 68,605 by the end of the reporting period[55]. - The largest shareholder, Bowei Technology Group Co., Ltd., held 125,946,400 shares, representing 16.4% of the total shares[56]. - The second-largest shareholder, Yang Xiaocheng, held 19,775,904 shares, accounting for 2.57% of the total shares[56]. Research and Development - The company’s research and development expenses increased by 301.36% to 7.75 million RMB, reflecting a significant investment in innovation[30]. - The company has made attempts to diversify beyond mobile phone reliance, but these new product developments and business explorations face considerable uncertainty[41]. Risk Management - The company emphasized the importance of risk awareness regarding future development strategies and operational goals[5]. - The company has faced significant market and technological risks, particularly in the highly competitive mobile communications industry, which has been exacerbated by rapid advancements in technology and product updates[41]. Accounting Policies - The company has not made any accounting policy changes or corrections for prior period errors during the reporting period[100]. - The company adheres to the accounting standards, ensuring that financial statements accurately reflect its financial position and operating results[109]. - The company recognizes expected credit losses based on the risk of default, with the loss being the present value of the difference between all contractual cash flows and expected cash flows[125]. Investment and Subsidiaries - The company holds a 5.09% stake in Shenzhen Huada Beidou Technology Co., Ltd., valued at CNY 61.01 million[40]. - The company has included several subsidiaries in its consolidated financial statements, enhancing its operational scope[105].